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Macroeconomic risks could magnify individual bank risk. Mitigating the influence of economy-wide risks on banks could therefore be very important to maintain a smooth-running banking system. In this paper, we explore the extent to which macroeconomic risks affect banks. We use a bank-level...
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The world economy has been greatly affected by the current recession. All countries have suffered regardless of their … level of development. Given that global problems require global solutions, world powers have met at summits of the G-20 … correct other imbalances (e.g. environmental issues, hunger) existing in the world …
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